Details

Subject(s)

• Capital [Browse]
• Statics and dynamics (Social sciences) [Browse]
• Hicks, John 1904-1989 [Browse]

Related name

• Hagemann, Harald [Browse]
• Scazzieri, Roberto [Browse]

Series

• Routledge studies in the history of economics ; 96. [More in this series]
• Routledge studies in the history of economics ; 96 [More in this series]

Summary note

In the words of Robert M. Solow traverse analysis ""is the easiest part of skiing, but the hardest part of economics"". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks' work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics al

Notes

Description based upon print version of record.

Bibliographic references

Includes bibliographical references and indexes.

Language note

English

Contents

• Book Cover; Title; Copyright; Contents; List of Figures; List of Tables; List of Contributors; Preface and acknowledgements; Capital structure and economic transitions: An introductory essay; 1 A retrospective view of Hicks's Capital and Time: A Neo- Austrian Theory; 2 Hicks's neo-Austrian theory and Böhm-Bawerk's Austrian theory of capital; 3 Traverse analysis and methods of economic dynamics; 4 Hicks's traverse analysis: From Capital and Growth to Capital and Time; 5 Technical change, vertical and horizontal rigidities: A neo-Austrian approach
• 6 Simulation of the full employment traverse of Capital and Time7 Traverse, division of labor and emerging structures; 8 Hicks's traverse in a small open economy; 9 From traverse to out-of-equilibrium processes of change: The role of money; Name index; Subject index

ISBN

• 1-134-15803-3
• 1-281-93198-5
• 9786611931988
• 0-203-88870-7

OCLC

437241843

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